Mr. Naftalis, 70, is a veteran of the white-collar bar.

WSJ: Is This Courtroom Banter Funny? You Be the Judge

Instead, they have faced stiff opposition from well-financed defendants represented by the top lawyers from the white collar defense bar.

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Other members of the white collar defense bar once served in the Department of Justice, where they cut their teeth in the very types of prosecutions they came to oppose as defense attorneys.

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